Qualys (NASDAQ:QLYS) Given New $155.00 Price Target at Jefferies Financial Group

Qualys (NASDAQ:QLYS) had its target price hoisted by Jefferies Financial Group from $135.00 to $155.00 in a report issued on Wednesday morning,Benzinga reports. Jefferies Financial Group currently has a hold rating on the software maker’s stock.

A number of other brokerages have also recently weighed in on QLYS. Needham & Company LLC started coverage on Qualys in a report on Wednesday. They issued a “hold” rating on the stock. Northland Securities reiterated a “market perform” rating and issued a $140.00 price target (down previously from $150.00) on shares of Qualys in a research note on Wednesday, August 7th. TD Cowen lifted their price objective on Qualys from $130.00 to $150.00 and gave the stock a “hold” rating in a report on Wednesday. Piper Sandler reduced their target price on Qualys from $116.00 to $115.00 and set an “underweight” rating for the company in a research note on Wednesday, August 7th. Finally, UBS Group cut their price target on shares of Qualys from $170.00 to $140.00 and set a “neutral” rating on the stock in a report on Wednesday, August 7th. Three investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $152.80.

Qualys Stock Down 0.7 %

Shares of NASDAQ:QLYS opened at $153.99 on Wednesday. Qualys has a fifty-two week low of $119.17 and a fifty-two week high of $206.35. The company has a market cap of $5.63 billion, a price-to-earnings ratio of 33.92 and a beta of 0.47. The firm’s 50-day simple moving average is $126.10 and its 200-day simple moving average is $136.10.

Qualys (NASDAQ:QLYS) last announced its earnings results on Tuesday, November 5th. The software maker reported $1.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.33 by $0.23. The company had revenue of $153.87 million during the quarter, compared to analysts’ expectations of $150.74 million. Qualys had a net margin of 28.72% and a return on equity of 40.24%. The firm’s quarterly revenue was up 8.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.24 earnings per share. On average, research analysts forecast that Qualys will post 3.94 EPS for the current year.

Insider Transactions at Qualys

In other news, CFO Joo Mi Kim sold 634 shares of the company’s stock in a transaction on Monday, October 7th. The stock was sold at an average price of $122.19, for a total transaction of $77,468.46. Following the transaction, the chief financial officer now owns 85,942 shares of the company’s stock, valued at $10,501,252.98. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. In related news, CFO Joo Mi Kim sold 634 shares of Qualys stock in a transaction that occurred on Monday, October 7th. The shares were sold at an average price of $122.19, for a total transaction of $77,468.46. Following the transaction, the chief financial officer now owns 85,942 shares of the company’s stock, valued at $10,501,252.98. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Bruce K. Posey sold 1,330 shares of the company’s stock in a transaction on Friday, September 20th. The shares were sold at an average price of $123.80, for a total transaction of $164,654.00. Following the completion of the sale, the insider now owns 55,618 shares of the company’s stock, valued at approximately $6,885,508.40. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 10,919 shares of company stock valued at $1,360,140 in the last three months. 1.00% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. DekaBank Deutsche Girozentrale grew its stake in Qualys by 36.6% in the 1st quarter. DekaBank Deutsche Girozentrale now owns 20,576 shares of the software maker’s stock valued at $3,374,000 after buying an additional 5,508 shares during the last quarter. SG Americas Securities LLC lifted its holdings in shares of Qualys by 2,459.9% in the second quarter. SG Americas Securities LLC now owns 43,135 shares of the software maker’s stock worth $6,151,000 after acquiring an additional 41,450 shares during the last quarter. Illinois Municipal Retirement Fund acquired a new stake in Qualys in the first quarter valued at approximately $1,139,000. CANADA LIFE ASSURANCE Co boosted its holdings in shares of Qualys by 13.5% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 108,304 shares of the software maker’s stock valued at $18,048,000 after acquiring an additional 12,915 shares in the last quarter. Finally, ProShare Advisors LLC grew its holdings in shares of Qualys by 57.7% during the second quarter. ProShare Advisors LLC now owns 13,672 shares of the software maker’s stock worth $1,950,000 after purchasing an additional 5,004 shares during the last quarter. 99.31% of the stock is currently owned by institutional investors.

Qualys Company Profile

Qualys, Inc, together with its subsidiaries, provides cloud-based platform delivering information technology (IT), security, and compliance solutions in the United States and internationally. It offers Qualys Cloud Apps, which include Cybersecurity Asset Management and External Attack Surface Management; Vulnerability Management, Detection and Response; Web Application Scanning; Patch Management; Custom Assessment and Remediation; Multi-Vector Endpoint Detection and Response; Context Extended Detection and Response; Policy Compliance; File Integrity Monitoring; and Qualys TotalCloud, as well as Cloud Workload Protection, Cloud Detection and Response, Cloud Security Posture Management, Infrastructure as Code, and Container Security.